Bullish reversed Head & Shoulders on VIX

The VIX seems to have validated a bullish pattern, the reversed Head & Shoulders with a target around 27 and intermediate resistance with the line linking the tops near 24.

Only a break below the shoulders level around 15 would invalidate this view.
Chart Patternshead_and_shoulderheadandshouldersformationriskoffTrend AnalysisVIX CBOE Volatility Index

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